Scotts Miracle-Gro stock was up by nearly 7% on Tuesday after Truist analyst Bill Chappell upgraded the lawn-products maker to buy from hold and raised his...
Scotts Miracle-Gro SMG stock was up by nearly 7% on Tuesday after Truist analyst Bill Chappell upgraded the lawn-products maker to buy from hold and raised his price target to $80 a share from $65. However, Chappell reduced his fiscal 2023 earnings estimate for Scotts Miracle-Gro to $2.45 a share from $2.50 a share and reduced his 2024 earnings view to $2.80 a share from $3.30 a share. Chappell said Scotts Miracle-Gro will benefit from the ending of the post pandemic reversion of the U.S.
Scotts Miracle-Gro SMG stock was up by nearly 7% on Tuesday after Truist analyst Bill Chappell upgraded the lawn-products maker to buy from hold and raised his price target to $80 a share from $65. However, Chappell reduced his fiscal 2023 earnings estimate for Scotts Miracle-Gro to $2.45 a share from $2.50 a share and reduced his 2024 earnings view to $2.80 a share from $3.30 a share. Chappell said Scotts Miracle-Gro will benefit from the ending of the post pandemic reversion of the U.S.
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